BTC crossed 90K and this time we will witness 93K breakout. I have been saying you since 2 weeks that i will long ENA after December 23 and i have already opened my long position on ENA. I will close ENA long position at the end of December.
Meanwhile, i am also holding BTC in spot. My BTC target is 107K.
Caught this super short move of LIGHT. It was risky trade therefore i didn't shared it with you guys. Today's daily profit done from LIGHT.
I have opened ENA long position with the profit of LIGHT and SOMI trade and now i will not close it until new year. If it fell from here towards my liquidation, i will add more margin.
Moreover, i am holding BTC in spot. Hopefully bullish weeks are ahead because everybody is Shortening market right now and people are so afraid of opening longs. so i am going to long ENA.
ACT pumping. Finally meme coins started pumping. Meme always pump in the beginning of bull market. I think next week is super bullish. I will buy ENA in spot after 23 December
From tomorrow, i will be sharing daily market updates and my trade setups. Market is very frustrating now a days but we will try to make profit during this tough phase of market.
My strategy for this type of market. I will adjust my spot and furure portfolio like if i have 100$ in spot for a trade, i will keep 25$ in futures.
I will take trade as per support and resistance of certain coin in spot with 100$ but if support is broken and i will short in future with 8x leverage. After recovering my spot loss, i will take profit.
My future portfolio will be used only in a scenario when support is broken or a coin rejected from key zone. Otherwise, i will only trade spot.
ENA provided some good bounce from the zone of 0.2480. Alot depends upon BTC but i am taking this trade for shorter time. If ENA bounced from here, we can see 0.2550 in 4h timeframe.
I am pretty busy in personal commitments and even my this week is also busy one. Can't focus on trades, so i am just holding BTC with average purchase at 88K.
We will trade ALTs next week according to market direction. However, ENA is not providing momentum like ETH is doing. Meanwhile, among AI coins, Virtual will pump hard if BTC break 93K resistance. LTC can also test $93 and if momentum continued, it can go toward $101
Thats the summary of my favorite ALTs but as i can't focus on trade right so i will choosing safe option which is BTC.
Weekly profit done. Caught this move of Shortening ENA, I was giving this update since ENA was trading at 0.2725. Who caught this move of ENA with me ??